Brief: GEA H1 Net Result Down At EUR 1.3 Million

Gea Grenobloise Electronique Automatisme SA

27/06/2023 17:21

June 27 (Reuters) - Gea Grenobloise Electronique
Automatisme SA  GEAP.PA :
    * H1 NET RESULT EUR 1.3 MILLION VERSUS EUR 1.5 MILLION YEAR
AGO
    * NET CASH FLOW END-MAR EUR 59.59 MILLION
    * GEAP SA SAYS PRODUCTION ROSE BY ALMOST 11% TO EUR 21.19
MILLION,
COMPARED WITH EUR 19.10 MILLION AT 31 MARCH 2022
    * H1 THE GROSS MARGIN RATE FELL SLIGHTLY COMPARED TO THE
FIRST
HALF OF 2021/2022
    * OPERATING INCOME WAS IMPACTED BY A 6.8% RISE IN PAYROLL
COSTS
DUE TO INFLATION
    * FIRM ORDER BOOK, EXPORTED AT 72%, AMOUNTED TO MORE THAN
EUR 42
MILLION AS OF MARCH 31, 2023, COMPARED TO EUR 33.6 MILLION AS OF
03/31/2022

Source text for Eikon:  ID:nACT80631 
Further company coverage:  GEAP.PA 

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